Itron, Inc. affirmed its full year 2008 guidance yesterday. The company expects to perform within the guidelines it released in October:
Revenue: Between $1.91 billion and $1.93 billion
Diluted Non-GAAP Earnings Per Share: between $3.35 and $3.45 per share
Adjusted EBITDA: Over $280 million
However, the company expects the final number to fall on the lower end of the ranges given above. They also confirmed their predictions for growth in 2009. The company expects … Read the rest
Borg Warner announced today that it is once again revising its 2008 earnings guidance downward. Previously, Borg Warner had expected non-GAAP earnings of $2.25 to $2.35 per share. However, due to current economic conditions, the company now expects non-GAAP earnings of $1.85 to $1.95 per share. The following special items will also impact the company’s balance sheets for 2008:
… Read the restPreviously announced nine-month year-to-date charges: goodwill adjustment of $(1.27) related to the BERU acquisition, BERU